mjr is a joke. Only response is to say lenders are greedy and want better rates. At best, it's laziness. The simple fact is, I'm pulling my money back from lending. Not because of low interest rates, but because of low interest from BFX. They would rather run from a problem than admit it. There will undoubtedly be more volatility and shortages of liquidity.
This community has put forth some great ideas. I'm looking forward to Bitfinex reacting (not really, I expect nothing more than further ignorant insulting from mjr). In the meantime, the equity markets are far more interesting. Additionally, my stock broker actually answers my emails, so I'm content giving my money to them instead. They also know something about fixed interest lending.
That is a perfect response. If you can find a better use of your funds, that is how you "vote" on the rate on the swap market. If enough people feel the way you do, there will be a lack of supply and the rates will rise. If they get attractive enough, perhaps you will offer swaps again. Either way, good for you for making decisions about how you want to use your money, that is the free market in action!